World Acceptance (WRLD) Misses Q3 EPS by 18c, Revenues Miss

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World Acceptance Corporation Reports Fiscal 2020 Third Quarter Results

January 30, 2020 7:30 AM EST

GREENVILLE, S.C.--(BUSINESS WIRE)-- World Acceptance Corporation (NASDAQ: WRLD) today reported financial results for its third fiscal quarter and nine months ended December 31, 2019.

Portfolio results

We are pleased with the ongoing growth in our portfolio and, in particular, the significant growth in new customers. While investments in new customers typically have a negative effect on current profits, we continue to expect these pools of new customers to have a positive impact on long-term profitability and be an important part of achieving our long-term EPS target of... More